Fluence Energy, Inc. Announces Pricing of Upsized Offering of $350.0 Million of Convertible Notes and Capped Call Transactions
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Fluence Energy, Inc. has announced an upsized offering of $350 million in convertible senior notes due 2030, increased from the initial $300 million. The offering is set to settle on December 12, 2024, with an option for an additional $50 million.
December 11, 2024 | 3:00 am
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Fluence Energy has increased its convertible notes offering to $350 million, indicating strong demand and potential for capital growth. The notes are due in 2030 with a 2.25% interest rate.
The upsizing of the convertible notes offering from $300 million to $350 million suggests strong investor demand and confidence in Fluence Energy's future prospects. This capital raise can support growth initiatives, potentially leading to positive short-term stock price movement.
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